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American Fork, UT Multifamily Properties for Sale

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Pleasant Grove, UT Lehi, UT Cedar Hills, UT Highland, UT Lindon, UT Alpine, UT Orem, UT Vineyard, UT
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Updated 8-Unit Apartment Building
Updated: Jul 17
Updated 8-Unit Apartment Building

272 N CENTER St, American Fork, UT 84003

$2,199,000
7,096 sqft 0.58 AC lot
8‑unit apartment property with 7,096 square feet on 0.58 acres
Five of eight units fully renovated; three units remain to be renovated
All units are currently rented
Storage unit provided for every tenant
Covered and off‑street parking
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Rented 8-Plex with Off-Street Parking
Updated: Jul 17
Rented 8-Plex with Off-Street Parking

272 N CENTER ST, American Fork, UT 84003

$2,199,000
7,096 sqft
8‑plex built in 1976 with eight rented units
Projected gross rent of $136,104 for the next 12 months
Five of the eight units are fully updated with remodeled interiors, new cabinets, flooring, fixtures, and countertops
Off‑street parking plus a storage unit for every tenant
Three units remain to be renovated, offering additional value through updates
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Quadplex With Updated HVAC Systems
Quadplex With Updated HVAC Systems

424 E ELM ST, American Fork, UT 84003

$860,000
2,541 sqft

Fully leased four-unit property with refreshed building systems and convenient access to shopping, dining, schools, parks, and I-15.

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Triplex With Mountain Views
Triplex With Mountain Views

715 E 550 S, American Fork, UT 84003

$800,000
3,500 sqft

Three-unit property with updated finishes, multiple garage spaces, and convenient access to retail, dining, and recreation.

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18-Unit Modern Apartment Building
18-Unit Modern Apartment Building

1126 W 250 S, American Fork, UT 84003

$4,750,000
17,965 sqft

Modern construction combines contemporary finishes, efficient layouts, and professional management for a stabilized multifamily property.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

341 W 100 N, American Fork, UT 84003

$960,000
4,406 sqft

Four residential units provide three-bedroom layouts, laundry hookups, and one covered plus one uncovered parking space per unit.

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Two-Bedroom Mobile Home
Two-Bedroom Mobile Home

120 N 350 W #225, American Fork, UT 84003

$99,000
1,100 sqft

55+ community home with a den, covered parking, and a covered outdoor patio.

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Updated Duplex with Covered Carports
Updated Duplex with Covered Carports

146 S 300 W, American Fork, UT 84003

Contact for pricing
0.33 AC lot

Two units include laundry hookups, basement storage, and separate covered parking.

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7-Unit Apartment Building
7-Unit Apartment Building

495 E Main St, American Fork, UT 84003

Contact for pricing

Single-level apartment property with shared laundry, tenant parking, and proximity to downtown American Fork and I-15.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 9 Active listings in American Fork, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Property with Garages
Four-Unit Property with Garages

591 S 1050 W, Pleasant Grove, UT 84062

$1,350,000
5,197 sqft 0.36 AC lot

Four distinct floor plans offer three-bedroom, two-bath layouts with laundry hookups and private garage capacity.

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Four-Plex with Split-Entry Layout
Four-Plex with Split-Entry Layout

1821 W 800 N, Pleasant Grove, UT 84062

$1,250,000
4,552 sqft

Well-maintained four-plex with four 2-bed, 1-bath units, vinyl siding and brick exterior, plus ample off-street parking.

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18-Unit Apartment Building
18-Unit Apartment Building

266 N 590 E, Vineyard, UT 84059

$4,299,000
17,962 sqft 0.16 AC lot

Modern apartment community with varied floor plans, private patios, resident amenities, and convenient regional access.

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Modern Apartment Building with Amenities
Modern Apartment Building with Amenities

624 E 300 N, Vineyard, UT 84059

Contact for pricing
17,962 sqft

Three-story multifamily property with furnished residences, private patios, and extensive resident amenities near transit and Interstate 15.

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Off-Market Properties in American Fork, UT

Consider similar Off-Market properties in American Fork, UT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

518 200
Multifamily properties

518 200, American Fork, UT 84003

Value Estimation by Request
1.10 AC lot
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1125 250
Multifamily properties

1125 250, American Fork, UT 84003

Value Estimation by Request
17,966 sqft 0.59 AC lot
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1200 700
Multifamily properties

1200 700, American Fork, UT 84003

Value Estimation by Request
View details

American Fork, UT Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in American Fork, UT, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 43,704 square feet of properties for sale, with an estimated market value of $11,867,000.

Sale prices for multifamily properties in American Fork, UT start at $99,000, averaging $1,695,285, and reaching up to $4,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Quadplexes 3
Duplexes 1
Mobile home & RV parks 1
Triplexes 1

Demographics Overview

Population 55K
Population Growth (5Y) +13.3%
Median Household Income $120,262
College Educated 64.6%

High-Yield Neighborhoods for Investment

Identify American Fork submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84003 $1.7M

Taxes & Financing

Tax Rate (average for all types) 0.84%
Property Tax per SF $3.77 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Utah County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in American Fork fall within the 2,500 to 5,000 square foot range.

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